NEW YORK—Creative companies are seeking space at the Brooklyn Navy Yard (BNY) faster than it can be developed.
The 300-yard industrial park was once the nation’s premiere naval industrial facility, employing 70,000 people at its peak. Jobs dwindled after World War II, and eventually the yard was taken over by the city.
In recent decades, the industrial sector had all but left the city, but now creative companies are booming in the borough of Brooklyn and BNY has been a crucial anchor to the growth.
"We're building on a momentum that has been developed here."
, Brooklyn Navy Yard Development Corporation
